After coming to market in early February at $1.895 million, 371 Carlton was cut to $1.69 million in mid-March; after dangling in the wind for another six weeks, the price was reduced again, this time to $1.59 million. We’ll see whether the Minsk Man can move this thing now. Based upon some of the negative comments about this place that popped up when we first posted, he’s got his work cut out for him. Then again, every property has a market-clearing price.
371 Carlton Avenue [Corcoran] GMAP P*Shark
HOTD: 371 Carlton Avenue [Brownstoner]

Another house that’s been languishing since early in the year is 53 South Oxford Street, although it has a stranger pricing history. This place started out listed with a random broker named Prospective Properties for $1.975 million in January. A few weeks later, Corcoran’s Mordy Werde took over and, in a classic case of “over-promise, under-deliver,” hiked the price to a delusional $2.25 million. Now the price has come full circle to $1.975 million where we’ll see if the Corcoran marketing machine can get done what a rinky-dink firm could not. It won’t look too good if they can’t.
53 South Oxford Street [Corcoran] GMAP P*Shark
HOTD: 53 South Oxford Street [Brownstoner]